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Airbus Group profits in line, raises A330 output goal
February 24, 2016 by admin · Leave a Comment
Airbus Group posted 2015 profit in line with forecasts on Wednesday and announced plans to reverse part of a planned production cut of A330 aircraft due to stronger-than-expected demand. Analysts were on average predicting full-year core operating income of 4.114 billion euros on revenue of 64.736 billion,
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Airbus Group profits in line, raises A330 output goal
fortune-global
Audi tops U.S. Consumer Reports vehicle ratings as Tesla falls
February 24, 2016 by creative · Leave a Comment
By David Shepardson WASHINGTON (Reuters) – German luxury automaker Audi on Tuesday topped the annual ranking of new vehicles by influential U.S. magazine Consumer Reports despite the brand's emissions-cheating scandal while quality problems hurt Tesla Motors Inc's Model S luxury car. Audi was followed by Fuji Heavy Industries' Subaru unit, Toyota Motor Corp's Lexus brand, Porsche and BMW AG . Volkswagen AG's Audi unit was named best overall brand, based on the magazine's road testing, reliability,
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Audi tops U.S. Consumer Reports vehicle ratings as Tesla falls
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Time Inc explores bid for Yahoo’s core business: source
February 24, 2016 by elegant · Leave a Comment
Time Inc , publisher of Sports Illustrated, People and Time magazines, has been exploring a bid to acquire Yahoo Inc's core Internet business for several weeks, a source familiar with the situation told Reuters on Tuesday. Time Inc has been reaching out to …
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Time Inc explores bid for Yahoo’s core business: source
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Hedge funds betting against China eye ‘Soros moment’
January 26, 2016 by creative · Leave a Comment
By Patrick Graham LONDON (Reuters) – A handful of mainly U.S.-based macro hedge funds have led bets against China's yuan since late last year and the coming weeks should tell how right they are in predicting a devaluation…
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Hedge funds betting against China eye ‘Soros moment’
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Lockheed seals services deal with Leidos, forecasts profit below view
January 26, 2016 by admin · Leave a Comment
By Andrea Shalal WASHINGTON (Reuters) – Lockheed Martin Corp on Tuesday announced a $5 billion tax-free deal to combine its information systems and government services business with Leidos Holdings Inc , and forecast a lower-than-expected profit in 2016. Lockheed's shares fell as much as 5 percent amid confusion over future prospects for the Pentagon's No. 1 supplier, although the stock recovered after Lockheed officials reassured analysts they still expected rising sales and earnings in coming years. Lockheed was
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Lockheed seals services deal with Leidos, forecasts profit below view